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Based on the following table, please calculate the occupancy index for the subject hotel. Hotel A Hotel B Hotel C Hotel D Hotel E Subject

Based on the following table, please calculate the occupancy index for the subject hotel.

Hotel A

Hotel B

Hotel C

Hotel D

Hotel E

Subject Hotel

Rooms available

400

300

500

450

350

580

Rooms sold

310

210

315

325

300

460

Room revenue

$27,900

$19,950

$35,595

$40,300

$29,400

$50,140

a.106.57

b. 104.81

c.108.64

d. 113.87

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